Speaker A
Since 2022, the state has seized several hundred companies from private owners for a total of 7.6 trillion rubles.
Overview of major companies nationalized by the Russian state since 2022, including valuations and ownership details.
Key Takeaways
- The Russian government has aggressively nationalized key private enterprises since 2022.
- Nationalized companies include major players in shipping and gold mining sectors.
- Ownership changes often followed legal actions against previous owners.
- The total valuation of nationalized companies is substantial, indicating significant state economic intervention.
What the video covers
- Since 2022, the Russian state has nationalized several hundred companies valued at 7.6 trillion rubles in total.
- The video lists the 10 largest enterprises that have been nationalized.
- FESCO, a shipping company with ports in Vladivostok and Novorossiysk, is ranked fifth with a valuation of 233 billion rubles.
- The Magomedov brothers, former owners of FESCO, received prison sentences up to 19 years.
- FESCO was transferred to Rosatom following nationalization.
- Yuzhuralzoloto, one of Russia's largest gold mining companies, is ranked fourth with a valuation of 400 billion rubles.
Full Transcript — Download SRT & Markdown
Speaker A
So, here are the 10 largest enterprises that have been nationalized.
Speaker A
In fifth place is the FESCO shipping company, with ports in Vladivostok and Novorossiysk.
Speaker A
Valued at 233 billion.
Speaker A
Its owners, the Magomedov brothers, received sentences of up to 19 years, and the company went to Rosatom.
Speaker A
In fourth place is one of the country's largest gold mining companies, Yuzhuralzoloto, valued at 400 billion.
Topics:nationalizationRussiaFESCOYuzhuralzolotoRosatombusinessstate seizureprivate companies2022economic policy
